Freeport-McMoRan Inc. (FCX)
3 Reasons to Buy This Magnificent Commodity Stock on a Dip
The company's leaching initiative is starting to bear fruit meaningfully. The copper miner has expansion projects in its pipeline.
Freeport-McMoRan: Volatile Copper Prices But An EPS Beat
Freeport-McMoRan's stock is heavily influenced by copper prices, which have recently dropped about 20% from their peak. Despite a strong quarterly report, I see FCX shares as having near-fair value, while its technical situation shows some reasons for optimism. With hearty EPS growth expected this year through 2026, the stock could grow into its valuation and even become a value play if it posts strong operational results.
Freeport-McMoRan Inc. (FCX) Q2 2024 Earnings Call Transcript
Freeport-McMoRan Inc. (NYSE:FCX ) Q2 2024 Earnings Conference Call July 23, 2024 10:00 AM ET Company Participants David Joint - Vice President, Investor Relations Richard Adkerson - Chairman Kathleen Quirk - President & Chief Executive Officer Cory Stevens - President, Mining Services Mark Johnson - President & Chief Operating Officer, Freeport-McMoRan Indonesia; Executive Vice President, PT Freeport Indonesia Conference Call Participants Alan Spence - BNP Paribas Carlos De Alba - Morgan Stanley Liam Fitzpatrick - Deutsche Bank Bob Brackett - Bernstein Orest Wowkodaw - Scotiabank Michael Dudas - VRP Lawson Winder - Bank of America Securities Brian MacArthur - Raymond James Bill Peterson - JPMorgan Operator Ladies and gentlemen, thank you for standing by. Welcome to the Freeport-McMoRan Second Quarter Conference Call.
Freeport's (FCX) Earnings and Revenues Surpass Estimates in Q2
Freeport (FCX) second-quarter earnings and revenues top estimates on higher copper and gold prices.
Freeport-McMoRan (FCX) Reports Q2 Earnings: What Key Metrics Have to Say
The headline numbers for Freeport-McMoRan (FCX) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Freeport-McMoRan (FCX) Q2 Earnings and Revenues Top Estimates
Freeport-McMoRan (FCX) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.35 per share a year ago.
Freeport-McMoRan: Don't Get Stuck Focusing On Q2 Results
Freeport-McMoRan expects disappointing Q2 results due to copper export disruptions in Indonesia. Despite short-term challenges, the copper miner plans to increase copper production by up to 50% by 2030, with the potential for significant cash flows if copper prices rise. The stock is a buy due to the massive copper reserves and potential for higher copper prices from the current demand growth cycle outstripping supply.
Freeport (FCX) to Report Q2 Earnings: What's in the Offing?
While Freeport (FCX) is expected to have gained from higher copper prices in Q2, increased costs and lower sales volumes are likely to have affected its results.
Freeport-McMoRan (FCX) Earnings Expected to Grow: Should You Buy?
Freeport-McMoRan (FCX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Freeport-McMoRan Inc. (FCX) Is a Trending Stock: Facts to Know Before Betting on It
Freeport-McMoRan (FCX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
25 Stocks for Traders to Avoid in Q3
With the third quarter currently underway, traders may be looking to protect their gains after a strong first half of 2024.
Freeport (FCX) Starts Commissioning of New Indonesian Smelter
Freeport (FCX) anticipates that the smelter will begin producing copper cathodes in the following months and that it will reach full ramp-up by the end of 2024.
